Thursday, February 9th, 2012
Today's weather     
AmRest to spend zł.350 million in Poland this year

30th August 2010
Bookmark and Share


The restaurant group AmRest aspires to faster growth and is planning to grab a chunk of the market from its rivals. AmRest thinks the Polish market is a good place to sell food and is placing a bet on the country to the tune of zł.350 million this year.

“We plan to open 100 new restaurants in 2011, the majority in Poland,” said Wojciech Mroczyński, a member of the company’s board of directors. He added that the company has already budgeted zł.300 million for expansion and an additional zł.50 million for renovation.

Mr Mroczyński said that the company will not have difficulty financing its ambitions plans as it already has zł.400 million in credit lined up. In a tough H1 for the entire gastronomic sector AmRest scraped together zł.982 million in sales. And Mr Mroczyński insists that the company will return to a 20 percent rate of y/y sales increases.

Poland AM
 


From Warsaw Business Journal


Advertisement
Corporate Finance/M&A Corner
Financial literacy
BY Les Nemethy
Just think: If more people were financially literate, there might never have been a mortgage crisis in the US, or a Swiss ... READ MORE
Corporate Finance/M&A Corner
Yields on European government bonds
BY Les Nemethy
The chart below represents one of the most important charts for European financial markets in 2011, perhaps even for global ... READ MORE
Our partners